Economic Development Specialist Salary

The average Economic Development Specialist in the United States can expect to rake in roughly $49K per year. Medical benefits are awarded to almost all, and a large number earn dental coverage. Most workers in this position report high levels of job satisfaction. Women are just slightly outnumbered, with male Economic Development Specialists making up 59 percent of survey respondents. The data for this synopsis comes from respondents who took the PayScale salary survey.

$34,364 - $81,260
(Median)
$34K
$49K
$81K
MEDIAN: $48,955
10%
50%
90%

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$13.07 - $58.72
(Median)
$13
$21
$59
MEDIAN: $21.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$29K$58K$87K
Salary
$34,364 - $81,260  
   
Bonus
$0.00 - $6,183  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,715 - $84,428  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 114
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$20$40$60
Hourly Rate
$13.07 - $58.72  
   
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $6,183  
   
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,715 - $84,428  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 12
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Economic Development Specialist Job Listings

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Economic Development Specialists note just a narrow range of job skills. Fortunate workers who know Business Development command much higher paychecks, scoring salaries 27 percent above average. Skills that are correlated to lower pay, on the other hand, include Project Management.

Pay by Experience Level for Economic Development Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Folks with fewer than five years of experience take home $45K on average, and those who have worked for five to 10 years see a bigger median salary of $57K. The average pay reported by folks with 10 to 20 years of experience is around $75K. Respondents who boast more than 20 years of experience can't seem to boast paychecks reflecting that extensive experience, though; veteran Economic Development Specialists report making only $69K on average.

Economic Development Specialist Advice

What do you wish you knew about your job when you first started out?

Economic Development Specialist in Rome:
"Think Long Term."
Always surround yourself with good leaders.

Related Job Salaries

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Experience Affects Economic Development Specialist Salaries

Experienced
up arrow 53%

Late-Career
up arrow 41%

Mid-Career
up arrow 16%

National Average
$49,000

Entry-Level
up arrow 8%

Skills That Affect Economic Development Specialist Salaries

Business Development
up arrow 27%

National Average
$49,000

Project Management
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 19 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
6%
1-4 years
52%
5-9 years
20%
10-19 years
17%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 81%
vision benefits Vision: 61% employee benefits None: 5%
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